Posts tagged with "Zuma"

October 22nd, 201701642The Governor of Imo State, Rochas Anayo Okorocha, is a man who lives big in controversy. For him, it is one week, one controversy or call it scandal. Last week, Okorocha occupied yet again a vantage position in the “infamy” book in Nigeria’s chequered history when he declared a worship of human god in his state. What struck many...

May 24th, 20170749South Africa’s headline consumer inflation slowed more than expected to 5.3 percent year-on-year in April from 6.1 percent in March, data from Statistics South Africa showed on Wednesday, sending the rand to a new 4-week high.
Economists polled by Reuters had forecast a 5.55 percent year-on-year inflation print.
On a...

April 12th, 201701041
Demonstration coincides with president’s 75th birthday
Police expect at least 10,000 to take part in Pretoria protest
Hundreds of people started gathering in South Africa’s capital to call for President Jacob Zuma to resign, the second such demonstration in less than a week.
At least 10,000 people are...

April 4th, 20170713South Africa's new Finance Minister Malusi Gigaba said on Tuesday the credit rating downgrade by S&P meant the government had to pay even greater focus on growing the economy, and that he would address the issues raised by the rating agencies.
Gigaba said South Africa's rand denominated debt was still rated as investment grade and...

April 3rd, 20170948S&P Global Ratings downgraded South Africa's sovereign credit rating to BB+ from BBB- grade on Monday, saying the recent firing of its internationally respected finance minister posed a risk fiscal policy.
The rand fell by as much 2 percent to the dollar in response to the news of the downgrade, while government bonds also...